117 billion dollars committed by the rich of the world in one day

WASHINGTON (Reuters) – Disastrous losses on world stock markets on Monday caused the world's 500 richest people to lose huge sums worth $ 177 billion in one day.

Jeff Bezos, founder and owner of Amazon.com, the richest man in the world, was the biggest loser, losing $ 3.4 billion, according to a report released yesterday by Business Insider, citing Bloomberg News. His personal fortune on this difficult day is well worth the title of "Black Monday".

Amazon shares lost 3.2% yesterday in a real slaughter of global stocks in general and the United States in particular, following China's decision to authorize the devaluation of the yuan, what most economists see as a deliberate tactic.

Bezos Square

Bezos remained on the throne of the world's richest with a personal wealth of 110 billion dollars.

The second biggest loser was French businessman Bernard Arnault, founder and owner of the Louis Vuitton group, who lost $ 3.2 billion.

The fortune of Facebook founder and owner, Mark Zuckerberg, has been reduced to $ 2.8 billion, while Indian businessman Mukesh Ambani, head of the Reliance Industries group, has been reduced by 2 , $ 2 billion.

The fall in global equities generated $ 2 billion of Bill Gates' wealth.

The International Finance Institute estimated that the escalation of the trade war between the United States and China had resulted in the displacement of about $ 3 billion of stocks and shares. emerging market bonds this week.

Rising tensions have pushed institutional investors to withdraw $ 6.8 billion from developing markets since last Thursday, including more than 2 billion Chinese stocks, he said.